Saturday, March 15, 2014

Concerns, Challenges etc

Concerns

  • The backlog on projects concerning their industry.
  • Large legal expenditures in year 2011-2012, which is attributed to the dispute that Saunders International is involved in.


Challenges

  • The main challenge being faced by Saunders International is their backlog on projects.
    • This could lead to a loss in profits and an increase in expenses. The more time spent on a project, the more money it needs
      • In 2012 Saunders International counteracted this challenge by building a better backlog so that some projects may be completed on time.
  • A large legal expenditure in 2010,2011, and 2012,  is a result of the dispute between Saunders International and Built Environs
    • The only way that Saunders International is counteracting this challenge is by employing their own legal team, and by ensuring all their practices are legal.


Feelings


  • Most of the financial statements present in each organisations are different,  in their own different way, but they all have the same basic information, regarding financial statistics. 
  • HOWEVER, Saunders International's reports are roughly 46 pages long as opposed to 220-200 pages long, which makes it easier to read, and a more simplistic summary of statistics.
  • I have no major concerns or feelings regarding Saunders International. \
    • I am very happy to have an organisation assigned to me in an industry that I am familiar with.


3 comments:

  1. hey Evelyn

    i have a quick question for you are the corners in your companies industry going to page a major treat to your company and will your company over come theses treats

    ReplyDelete
    Replies
    1. Hi Dylan,

      Im sorry I don't quite understand the question?

      Delete
  2. Hi Evelyn,

    Thank you for sharing your concerns, challenges and feelings.

    Good Luck with everything going forward with your company.

    Elle x

    ReplyDelete